The Homeowner Tax Credit of 2009 includes an $8000 tax credit for first-time homebuyers and a $6500 tax credit for current homeowner.

Nashua NH first-time home buyer guide provides advice on the process of purchasing a home, and access to the tools for searching for Nashua NH homes for sale, condominiums, bank owned and foreclosed properties.

Monetizing the first-time home buyer $8000 tax credit provides the home buyer with the funds at closing which provides a solution to the source of the down payment. Housing authorities in many states provide options to complicated “second mortgages” which comply with underwriting guidelines.

$8000 tax credit can now be used for the downpayment in home purchased by first time home buyers through a “bridge” loan. This effectively offers a 100% financing option to qualified buyers.